Termo SpA announced that it has received $8.5 million in funding from Fondo Italiano d'Investimento SGR S.p.A, Lazio Innova S.p.A., Endowment Arm, Mercurio Holding S.R.L., MFE-MediaForEurope N.V., A.A. Tech S.R.L. and other investors

Termo SpA announced that it has received in excess of $8.5 million in a round of funding led by returning investors, Fondo Italiano Tecnologia e Crescita and Fondo Italiano Tecnologia e Crescita Lazio, funds co-managed by Fondo Italiano d'Investimento SGR S.p.A and Lazio Innova S.p.A., Endowment Arm on December 17, 2021. The transaction also included participation from MFE-MediaForEurope N.V., A.A. Tech S.R.L., returning investor, Mercurio Holding S.R.L., CEO Gabriele Basile and Pierluigi Di Paolo.